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FDI disbursement highest in past five years

Updated: 09:02, 30/12/2022
Disbursement of foreign direct investment (FDI) in Vietnam in 2022 is estimated at nearly 22.4 billion USD, up 13.5% year-on-year, making it the highest amount in the past five years, the General Statistics Office (GSO) announced on December 29.

The GSO also said that Vietnam attracted a total of 27.72 billion USD in FDI as of December 20, down 11% year-on-year.

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Among 108 nations and territories pouring capital into Vietnam this year, Singapore ranked first with 6.46 billion USD or 23.3% of the total. It was followed by the Republic of Korea (4.88 billion USD), and Japan (4.78 billion USD).

Foreign investors have invested in 19 out of 21 national economic sectors, of which the processing and manufacturing industry took the lead with a total investment of 16.8 billion USD, accounting for 60.6% of the total registered capital.

With 4.45 billion USD, the real estate sector ranked second, followed by power production and distribution with 2.26 billion USD.

This year, foreign investors have landed their investments in 54 Vietnamese provinces and cities. Ho Chi Minh City led the nation with 3.94 billion USD, and was followed by Binh Duong (3.14 billion USD), and Quang Ninh (2.37 billion USD).

FDI inflows reach 22.46 billion USD in 10 months
Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnam attracts over 18.7 billion USD of FDI in nine months
Vietnam attracted more than 18.7 billion USD in foreign direct investment (FDI) in the first nine months of 2022, according to the Ministry of Planning and Investment.
Vietnam has “golden chance” to welcome new FDI wave
Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
FDI influx prompts Vietnam to improve business environment: experts
A recent strong influx of foreign direct investment (FDI) to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.
FDI attraction nears 16.8 billion USD in first 8 months of 2022
As of August 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors neared 16.8 billion USD in the first eight months of this year, equivalent to 87.7 percent of the same period last year.

Source: VNA

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